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    Description

    Serial Number 1 $20 Miles City

    Miles City, MT - $20 1902 Plain Back Fr. 661 The First NB Ch. # 12536
    A second gorgeous note from this Miles City bank that was heretofore unknown in large size. This $20 is a wonderful Serial Number 1 piece. As mentioned in the previous lot, the First NB in Miles City was the successor bank to the First NB of Miles City which had chosen to reorganize in 1924. The new bank issued only 538 sheets of $10-$10-$10-$20 Plain Backs before the small size era ensued in 1929. Again, no large size examples on this charter had ever been located until the surfacing of these two wonderful notes, which had been set aside by the bank's president, George M. Miles. This piece has sustained only a light touch of handling over the years resulting in a PCGS grade of Choice About New 58PPQ. It features excellent color, bold embossing, the same dark signatures as the $10, and a very wide bottom margin including the first sheet's entire bottom selvedge. Another beautiful note to excite the many collectors of trophy nationals.


    More information about Montana National Bank Notes.

    Auction Info

    Auction Dates
    October, 2012
    17th-23rd Wednesday-Tuesday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
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